Why Forex (not funds)?

It is known that in the stock market world, it is hard for the individual private trader to beat the mutual/headge funds at their own game (i.e. yielding returns in excess of 20-35% per anum).

This makes me wonder why forex traders (most of whom seem to lose at that game) actually ever engage in this endevor. Why not just invest in a fund? Is trading really worth it?

Perhaps it's only day traders that really can beat the funds in the earnings game?

Please point out the faults in my argument (if there are any).

Thank you!

You need hundreds of thousands of dollars in funds to make a living, even in a good year when you manage to get 40%. So far this year, it ain't looking too good.

In forex, you can make a good living with a 5-figure account, regardless of market conditions.

I see, so the return potential in forex in gernal is higher than in the stock market (fund market)?